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Apr. 19--Shares of Electronic Clearing House Inc. in Agoura Hills were unchanged at 78 cents Wednesday, a day after the electronic credit and check processor said it will fight an effort to delist its stock from Nasdaq.
Nasdaq officials have said the company has failed to comply with minimum bid price requirements. ECHO officials, however, have countered that its stock has maintained a price of $1 or more for 10 consecutive trading days between March 23 and April 5, which it believes should satisfy Nasdaq's requirements.
ECHO's stock bid price closed slightly below $1 for three days following the April 5 date, and Nasdaq subsequently advised the company of …